2 Days
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مصراوي
Drug Authority reports no price hikes under new pricing
The Egyptian Drug Authority has confirmed that no decisions have been issued to increase the prices of medicines in the upcoming January. Currently, the procedures for adjusting prices depend on the review of companies' requests according to the new mechanism, which links price changes to three main economic variables: exchange rate (60%), inflation (30%), and bank interest rates (10%). There have been no widespread increases or official notices of price hikes so far. The pharmaceutical market remains stable in terms of availability, with no indications of supply crises. Any adjustments in the prices of certain medicines will be made on an individual basis, based on economic variables and a detailed assessment of each product, while ensuring their continued availability in the market.
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